Rumor has it they'll be unveiling the mysterious "Playstation Neo", which I can't imagine will make the majority of PS4 owners happy. Also speculation on how much Playstation VR will be a part of the event. And I assume the leaked PS4 Slim will be featured.

I don't always tune in for these "smaller event" press conferences, but there is so much pre-announcement controversy over the "Neo" that I'm incredibly curious how they will strategically present it.

You can watch it at 3pm Eastern today here: https://www.twitch.tv/playstation

I'm also going to check the youtube channel when it starts, as quality is often much better there if they use it to livestream also. https://www.youtube.com/user/PlayStation